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20130113
20130121
STATION
CNNW 4
FBC 2
MSNBCW 2
CNBC 1
LANGUAGE
English 13
Search Results 0 to 12 of about 13 (some duplicates have been removed)
MSNBC
Jan 16, 2013 5:00pm PST
back on the table. congresswoman january schawowsky and the deficit reduction act. the bill would offer the choice of the publically run health insurance plan. and get this, it would save a hundred billion dollars over the next ten years. this bill is a win for everybody. it will reduce the deficit. obama care has brought the number of uninsured americans to the lowest level since 2008. however, the law would be fully implemented until 2014. it would put pressure on all insurers to lower their premiums in order to compete. it would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion 234 in . >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love. t
CNBC
Jan 14, 2013 7:00pm EST
you the deficit. but the actual debt payment, are less than 90 cents on the dollar that we take in. so even if the president as he should should pays our debts, that leaves him with 90 cents on every dollar that comes in to fund the other priorities of government and he wants to threaten not to pay that debt service. i think that's irresponsible of the president to be suggesting default on the debt. we ought to be talking about a bipartisan solution to the spending problem that got us here in the first place. >> i have heard talk in the republican conference about a one or two or three month extension on the debt ceiling. and on a continuing resolution for the budget to run the government. is that one to three month solution not still on the table? >> well, larry, we're proposing a number of different solution, both short term and long term. frankly, president obama needs to start rolling up his sleeves and focusing on both instead of sitting over in the white house and kind of throwing out all the threats to everybody across the country and running around campaigning as if he's still
FOX Business
Jan 14, 2013 9:20am EST
, and the deficit doesn't seem to be getting really teenie tiny either, does it stuart? >> no, just not. 3 1/2 billion extra every single day. >> i know, amazing. stuart: tell me how it actually affects our economic growth rate. how does it it do this? >> well, now, with low, low, low, low, interest rates, it doesn't increase the use of tax receipts it pay interest on the debt. but as interest rates rise, which they will, it will have an enormously deleterious effect on growth rates. it really will and that's what we're worried about, the long run prospects of what this national debt and thereby tax receipts use today pay interest wi will do. >> i have a new report from congress, climate change is here, watch out, it's affecting us, because we humans, all our economic activity. the report was written by 240 business leaders and scientists found that climate change is having an impact on infrastructure, water supplies, crops, shore lines. art,this surely is a buildup, softening us up to the point where we will accept a carbon tax, is that right? >> it could well be. i'm not an expert on glob
FOX News
Jan 17, 2013 1:00pm PST
there would be a method. explain. >> well, actually, the public option would decrease the deficit by about $104 billion over ten years. >> how too you know that? >> that's the congressional budget office estimate. of what it would do. this is not numbers i made up. because it would inn fact lower the -- provide an option -- this would be completely by choice -- for people who don't want to pick this public option, among the private sector choices within a health exchange, and rates for premiums are estimated to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of those drugs. if anything they have soared since that benefit came in because the government can
CNN
Jan 14, 2013 11:00am PST
, particularly when you're in a deficit, the treasury of the united states would have to go out and issue bonds in order to get cash to pay for it. and that was just a cumber some, awkward thing to do. what they did was create this debt cerealing which meant t ce could issue bonds for chunks of money not related to every single law that was passed. it was just because it was cumbersome. it is not a debt control or spending control measure. the president used an analogy today, used many, to say this is like eating at a restaurant, having your fill and not paying the bill. if you want to discuss -- >> dine and dash. >> yes, dine and dash. we have two problems. one is we have to understand the terms of this thing. this is about increasing the treasury's ability to pay for things that have already been committed to by the government. the danger is if you have this discussion about not paying it, those who lend you money seem to think you're not serious about this. imagine having this conversation with american express on the line. we weren't supposed to eat out that much last month. we're only goin
FOX News
Jan 18, 2013 4:00pm PST
. he will have to talk a lot more in the state of the union about deficit control. we have this new fox poll out tonight to. people are upset about fiscal cliff deal. when asked if their paycheck is smaller this year because of more taxfuls being taken out 60% say yes 25% say no. he is going to have to talk about more deficit reduction. they will do a will little partying this weekend they real lives it's right back to work, bill. >> word of a solution to prevent the united states from defaultingen its debt. the house majority leader eric cantor saying that lawmakers will vote next week on a short-term plan to let the government borrow more money effectively raising the debt ceiling. the deal not all worked out just yet. but apparently it this will not require the spending cuts that house republicans had wanted. just released fox news poll finds that 69% favor raising the debt limit only if there are major spending cuts involved. and 23% say it's reckless not to raise it regardless. the poll also shows more than 8 in 10 think government spending is out of control. only 11% believes it's
CNN
Jan 16, 2013 9:00am PST
an indepth look on how to plan, how he plans to fix the deficit and whether or not it's going to work as he suggests. during sleep train's huge year end clearance sale, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. plus, get free same-day delivery, set-up, and removal of your old set. and through monday, get 3 years interest-free financing on selected models. but hurry, the special financing offer ends martin luther king, jr. day. don't miss the year end clearance sale at sleep train. superior service, best selection, lowest price, guaranteed. ♪ your ticket to a better night's sleep ♪ >>> president obama struggling with the debt ceiling, that's always a fun comedy premise. wow. this will be good. debt premise. no, president obama told congress it must raise our debt limit because the u.s. is, quote, not a deadbeat nation. yeah. and the president added, by the way, if china calls, i'm not here. >> conan o'brien poking fun at the latest financial crisis. comedians, of course, joking about it. the country's debt, one of the big issues facing the pre
CNN
Jan 15, 2013 11:00am PST
deficit reduction plan. understand that fitch is not just looking for an 11th hour debt ceiling deal that sets the table for another mini crisis down the road. the federal government hit the debt limit as you know on december 31st. the treasury is using so-called extraordinary measures to pay its bills through mid-february or early march. now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an enviro
CNN
Jan 13, 2013 7:00am PST
the venezuelan economy. the economy is, frankly, in shambles. barclay's puts fiscal deficit at nearly 20% of gdp, one of the highest imbalances in the world. total debt has more than doubled since 2008. and that is despite the fact that venezuela has the greatest proven reserves of oil in the world. more than saudi arabia, iran or canada. when hugo chavez first came to power in 1999, oil was trading at $11 a barrel. today, it is trading at $111 a barrel. chavez has presided over the greatest windfall in his country's history. and, yet, venezuela is probably the only petro state in the world where people regularly suffer power outages. infrastructure is crumbling and public security is abysmal. venezuela has one of the worst homicide rates in the world, worse even than colombia, honduras and mexico. venezuelan exports to the u.s. from the start of chavez's rule through 2011 added up to nearly $350 billion. that's iconic for a presidency which marketed itself as anti-american. but even that trend may be reversing. according to a "financial times" report for every 10 barrels of crude that are expor
FOX Business
Jan 18, 2013 1:00pm EST
remains committed to further reducing the deficit in a balanced way. so that is the response from the white house after the gop at its retreat in virginia came out with the possibility that perhaps we could extend the debt limit for another three months but the senate has to pass a budget, so the republicans which it has not done in four years. so. tracy: no surprise from the white us house. ashley: says no. tracy: okay, then. how about this. hank paulson says he hates the debt limit. you remember the former treasury secretary, the guy who said i need $700 billion right now? no wonder he hates it. ashley: don't we all. tracy: he has given a rare interview. we have details on that next. ashley: first a look at today's winners and losers. the dow just above the water mark. take a look. we'll be right back. ♪ chances are you've become, a better driver over the years. and one company thinks your auto insurance rates should get better too. presenting the aarp auto insurance program from the hartford. i'm a good driver. have been for years. it just makes sense that better, more experi
Search Results 0 to 12 of about 13 (some duplicates have been removed)